News Release: Medical Specialty Practices Combine Forces to Build 42,000-Square-Foot Medical Office Building
CBRE announced today that it assisted four medical specialty groups to buy acreage and build a new medical office building. Molly Leach, vice president, CBRE, assisted the group in the purchase, located at 430 Altair Parkway, Westerville, Ohio, 43082. Ohio Gastroenterology, Central Ohio Skin & Cancer, Premier Urology and Professionals for Women’s Health were previously in […]
News Release: Construction completed on new medical office development in fast-growing San Marcos, Texas
(MARCH 26, 2019 – SAN MARCOS, TEXAS) – Transwestern Commercial Services (TCS) today announces Kogut Commercial Real Estate and Mittman Real Estate completed construction of Hunter Professional Plaza, consisting of 25,240 square feet of medical office space. Located at 151 Stagecoach Trail in San Marcos, Texas, the building is 41 percent leased. TCS Senior Vice […]
Feature Story: Development on the rise
Panelists at InterFace Healthcare West talk about the market, trends and the future By John B. Mugford In the years since the Great Recession, the amount of medical office building (MOB) development has remained relatively steady, according to at least a couple of sources. And yet, during a panel session last week concerning healthcare real […]
News Release: Amboy Bank Provides $51M Financing for Former NFL Player Turned Developer
Amboy Bank, a full-service commercial bank based in Old Bridge, New Jersey, and K Johnson Enterprises, LLC (“K Johnson”), a real estate and business development company founded and led by former NFL player Kevin Johnson, today announced that they have closed on a sequence of construction loans for K Johnson Enterprises, LLC, supplying financing of approximately $51 […]
News Release: PMB joins forces with Dignity Health once again to develop MOB in suburban Phoenix
San Diego-based healthcare real estate firm is developing the 80,000 square foot Mercy Gilbert Medical Plaza II on the Dignity Health Mercy Gilbert Medical Center campus in Gilbert, Ariz. GILBERT, Ariz., March 13, 2019 – PMB, one of the nation’s leading real estate owners and developers across the continuum of care, is in the midst […]
Outpatient Projects: An MOB project that was worth the risk
Seavest did its homework and is now leasing its converted MOB in San Francisco SAN FRANCISCO – Embarking on any type of commercial real estate (CRE) project in San Francisco can be a difficult task fraught with risk, be it for a new ground-up development or the repurposing of an existing building to a new […]
News Release: Highmark and Geisinger complete joint venture for new health care organization
New organization expands access to affordable, high-value care in Clinton, Lycoming, Sullivan and Tioga counties Geisinger and Highmark Health today announced the completion and details of a previously-announced clinical joint venture. The organizations signed of a letter of intent to explore the joint venture in May 2017, and in the time since have been working […]
News Release: McCarthy Completes Children’s Hospital Outpatient Center at Erlanger
Recently, McCarthy Building Companies, Inc. completed the Children’s Hospital Outpatient Center (CHOC) project located within Children’s Hospital at Erlanger in Chattanooga, TN. Also serving as the hospital’s new entrance, the new three-story 90,000 square-foot center houses 72 rooms for an array of services including pediatric imaging, lab services, pharmacy and pediatric specialty clinics such as cardiology, neurology, genetics, gastroenterology […]
News Release: Seavest gains approval for major downtown San Francisco medical office conversion
Healthcare real estate firm clears the last major hurdle facing its plan to repurpose the seven-story, 119,262 square foot 939 Ellis building in the high-profile Van Ness Corridor SAN FRANCISCO and WHITE PLAINS, N.Y., March 11, 2019 – When Seavest Healthcare Properties LLC decided to acquire its first property in San Francisco – 939 Ellis […]
News Release: Flagship Healthcare Properties Completes Development of Medical Office Building in Cajah’s Mountain, N.C.
NEWS RELEASE FOR IMMEDIATE RELEASE Flagship Healthcare Properties Delivers Medical Office Building to Caldwell UNC Health Care CHARLOTTE, N.C. (March 11, 2019) — Flagship Healthcare Properties (Flagship) is pleased to announce the completed construction of an 11,000-square-foot medical office building (MOB) for Caldwell UNC Health Care (Caldwell), located on Connelly Springs Road in Cajah’s Mountain, N.C. […]
News Release: MMC to Build New Scarborough Campus Medical Office Building
Maine Medical Center (MMC) will invest $59 million in a new Maine Medical Partners (MMP) medical office building at its Scarborough campus as part of its overall expansion and modernization project. The 108,000-square-foot, three-story building will be home to Maine Medical Partners practices including Neurology, Neurosurgery & Spine, Otolaryngology (Ear, Nose & Throat) and Vascular […]
News Release: NexCore Group breaks ground on CHI Saint Joseph Health Winchester MOB
The 24,693-square-foot facility is the latest example of NexCore Group’s collaboration with Catholic Health Initiatives to maximize efficiency and expand services across the United States In a continuing initiative to optimize efficiency of healthcare facilities nationwide for client Catholic Health Initiatives (CHI), NexCore Group has started construction on a medical office building (MOB) in Kentucky […]
News Release: Beaumont Health identifies comprehensive outpatient care campus location in Macomb County (Mich.)
Tuesday, March 05, 2019 Beaumont Health has identified a property to develop a new, comprehensive outpatient care campus in Macomb County (Mich.) in 2020. The proposed Macomb County site is located within the Bay River Marketplace, adjacent to Meijer, near the intersection of I-94 and 26 Mile Road in Lenox Township. A groundbreaking will occur later this […]
News Release: Medical City Frisco Holds Groundbreaking for Medical Office Building and Ambulatory Surgery Center
FRISCO – Medical City Frisco will break ground on a new medical office building and ambulatory surgery center on Wednesday, February 27 at 3 p.m. The $37 million expansion project includes five stories with approximately 150,000 square feet and features a beautiful glass enclosed skywalk connecting to the main hospital. The facility will include 11 […]
News Release: UHealth Will Bring World-Class Academic Medical Center to North Miami’s $4-Billion Master-Planned Community SoLé Mia
SoLé Mia is developed by renowned real estate families, the Soffers and LeFraks The University of Miami Health System is proud to announce that it will open a world-class medical center at SoLé Mia, the 184-acre, $4 billion mixed-use development in North Miami developed by the Soffer and LeFrak families. The medical center will offer […]
